Introduction: MR. Kumar Mangalam Birla, Chairman Of the Aditya Birla Group
Kumar Mangalam Birla K.M. Birla born on 14 th june 1967. He is a fourth generation member of birlas family. He has done CA from ICAI & MBA from London Business School. He married to Neerja Kasliwal at the age of 22. He has having three children Ananyashree , Aryaman Vikram and Advaitesha.
The Group Birla Group has a yearly Revenue of more than US $ 40 Billions. 1,30,000 + people are working for this Group. The main Business Industry of Birla group is Metals, Cement, Textile, Fertilizers and many others….. The Aditya Birla Group comprises of 16 companies and joint ventures in India and 22 international companies, mostly in South-east Asia.
Major Companies of Birla Group are Grasim Hindalco Ultra-Tech Cement Aditya Birla Nuvo Idea Cellular Aditya Birla Retail Its Joint Ventures include Birla Sun Life (Financial Services) and Birla NGK (Insulators).
His Challenges After sudden demise of his father, noted industrialist Aditya Birla, after whom the group is named, when Kumar Mangalam Birla assumed the mantle at the Aditya Birla Group, Doubts were raised about his ability to handle a giant business house. With interests spanning viscose, textiles and garments on the one hand and cement, aluminium and fertilisers on the other. But Kumar Mangalam proved his skeptics wrong.
His Success Story When Mr. Aditya Birla, Mr. Kumar’s father died in 1995, the group was already worth Rs.8,000 Crores. If Mr. Kumar had been content to manage the business that his father left him and had not bothered with acquisitions or new projects, he would probably be sitting on a group that was worth around Rs.12,000 Crores today merely on the basis of normal growth. And even at that level, he would be still country’s leading business men.
ACHIVEMENTS Kumar took over a company worth Rs. 8000 Crores and transformed it into a 34,000 Crores empire, estimating his net worth at $9.2 billion. Among the world's top 10 BPO companies and among India's top four Among the top five mobile telephony companies A leading player in life insurance and asset management Among the top three supermarket chains in the retail business Hindalco-Novelis is the largest aluminium rolling company. It is one of the three biggest producers of primary aluminium in Asia.
His Ideologies and Characteristics An Introvert Personality Straightforward A Good Leader Patience Walks on his values and principles Growth Oriented Creative Works for society Determined